HXCX(SZ:300300) Sou Hu Cai Jing·2025-11-04 10:17Summary of Key Points Core Viewpoint - The trading activity on November 4 shows significant movements in both the Shanghai and Shenzhen stock markets, with notable inflows and outflows in various sectors and individual stocks. Group 1: Stock Trading Activity - The total trading amount for Shanghai Stock Connect was 120.16 billion, while Shenzhen Stock Connect reached 120.75 billion [1]. - The top traded stocks in Shanghai included Industrial Fulian (19.05 billion), Cambricon Technologies (16.86 billion), and WuXi AppTec (14.89 billion) [2]. - In Shenzhen, the leading stocks were Sungrow Power Supply (37.05 billion), Zhongji Innolight (32.48 billion), and CATL (31.60 billion) [3]. Group 2: Sector Performance - The sectors with the highest gains included the Fujian Free Trade Zone, banking, and the ice and snow industry, while precious metals, pharmaceuticals, and robotics sectors experienced declines [4]. - The banking sector saw a net inflow of 29.81 billion, leading among sectors, while the new energy sector had the highest net outflow of 114.73 billion [5][6]. Group 3: Individual Stock Fund Flows - The top stocks with net inflows included Industrial and Commercial Bank of China (6.21 billion) and Baotou Steel (5.99 billion) [7]. - Conversely, the stocks with the highest net outflows were Sungrow Power Supply (-15.72 billion) and Sanhua Intelligent Control (-12.70 billion) [8]. Group 4: ETF Trading - The top ETFs by trading amount included Hong Kong Securities ETF (9.64 billion) and Hong Kong Innovative Drug ETF (6.60 billion), with the former showing a decrease of 10.25% compared to the previous trading day [9]. - The ETFs with the highest growth in trading amount compared to the previous day included Bank ETF Tianhong (4.37 billion, up 203.26%) and Hong Kong Dividend Index ETF (6.79 billion, up 162.78%) [10]. Group 5: Futures Market - In the futures market, all four major index contracts (IH, IF, IC, IM) saw a reduction in positions from both long and short sides, with IM experiencing a more significant reduction in short positions [11]. Group 6: Institutional and Retail Activity - Institutional activity showed a decrease, with notable purchases in stocks like Haixia Innovation (2.24 billion) and sales in Changshan Pharmaceutical (-5.57 billion) [12]. - Retail investors were active, particularly in stocks like Wanlima, which hit the daily limit up, attracting significant buying interest [13][14].